Iraq Oil Report - The news you need to know
Iraq’s 2024 oil exports recede to 9-year low. OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year.
Energy - Iraq Oil Report
Energy Iraq’s 2024 oil exports recede to 9-year low. OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year.
Iraqi oil exports steady in October - Iraq Oil Report
Nov 6, 2024 · Iraqi oil exports held steady at just over 3.3 million barrels per day (bpd) in October, according to official Oil Ministry figures, as the government appeared to continue restraining output in response to pressure from OPEC-plus.
Iraq's 2024 oil exports recede to 9-year low - Iraq Oil Report
3 days ago · OPEC-plus dynamics and the ongoing outage of Iraq's northern export pipeline continue to limit Iraqi oil exports, though revenues were steady year-on-year. A worker stands at the al-Basra Oil Terminal (ABOT), one of Iraq's major export outlets, February 2010. (BEN LANDO/Iraq Oil Report) Iraqi oil ...
Iraq, BP advance in Kirkuk contract talks - Iraq Oil Report
15 hours ago · KIRKUK - Iraq is making progress in negotiations with BP to develop several oil fields in Kirkuk, according to four senior Iraqi oil officials, who said they are aiming to finalize profit-sharing contracts as soon as this month. Prime Minister Mohammed Shia al-Sudani is expected to travel to England ...
Iraqi oil output falls again in November - Iraq Oil Report
Dec 27, 2024 · Iraqi oil production continued a four-month slide, falling to its lowest level since June 2023 as the Oil Ministry tried to improve compliance with an OPEC-plus quota agreement. Federal output was just 4.20 million barrels per day (bpd) in November, down from 4.28 million bpd in October, according ...
September oil production steady - Iraq Oil Report
Oct 18, 2023 · Iraq’s nationwide crude oil production maintained some upward momentum in September, inching up to 4.73 million barrels per day (bpd) from 4.71 million bpd in August, according to an Iraq Oil Report calculation based on field-by-field data. Fields controlled by the Kurdistan Regional Government (KRG) raised their combined output by about 50,000 bpd as producers found more buyers in the ...
October exports hit 8-month high - Iraq Oil Report
Nov 3, 2023 · Iraq exported 3.534 million barrels per day (bpd) of crude oil in October, the highest nationwide monthly average since March, and up from 3.438 million bpd in September, according to preliminary Oil Ministry data.. The federal government has now increased its oil exports by over 200,000 bpd since the March shutdown of the northern export pipeline to Turkey, which ended the Kurdistan Regional ...
Iraq production climbs higher in July - Iraq Oil Report
Aug 21, 2024 · Iraqi crude production increased by over 100,000 bpd for a second straight month in July as the Oil Ministry ramped up exports despite OPEC pressure to adhere to reduced quotas.
Iraqi oil output declining from recent highs - Iraq Oil Report
Apr 24, 2023 · Iraq’s nationwide crude oil production has dipped over the past two months to just over 4.6 million barrels per day (bpd), a reduction of about 150,000 bpd from January.